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Business, 27.01.2020 23:31 pollywallythecat

Cole co. began constructing a building for its own use in january 2016. during 2016, cole incurred interest of $50,000 on specific construction debt, and $20,000 on other borrowings. interest computed on the weighted-average amount of accumulated expenditures for the building during 2016 was $40,000. what amount of interest should cole capitalize? multiple choice $20,000 $40,000 $50,000 $70,000

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Cole co. began constructing a building for its own use in january 2016. during 2016, cole incurred i...
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